AI
AI boom fuels fresh wave of legal tech investments
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Investors in recent weeks have injected more than $750 million in new cash into startups that make artificial intelligence products for lawyers, betting on a growing marketplace competing for legal industry customers.
GC AI, which makes AI tools for in-house corporate legal teams for tasks like drafting documents, research and analyzing contracts, said on Wednesday it has raised $60 million in a funding round led by Scale Venture Partners and Northzone, valuing the San Francisco-based company at $555 million.
The two-year-old startup’s platform can…
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